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To: IQBAL LATIF who wrote (33490)	9/22/2000 11:15:15 AM
From: Nathan	Read Replies (1) \| Respond to of 50167

Iqbal, I'm just a lurker but you are saying you are waiting for 1444 to buy s/p puts? Or are you selling the puts?? TIA Nathan

To: IQBAL LATIF who wrote (33490)	9/22/2000 1:08:45 PM
From: James Strauss	Respond to of 50167

Ike: Unlike the NDX 3490, (bounce off 3505), the SPX did not hold the trendline at 1444... bigcharts.com We'll need to see a close above SPX 1444 soon, before it becomes a trendline resistance area... The NDX appears headed for a double bottom test today or Monday in the 3490 to 3505 area... If successful, it should pull the SPX above 1444 to get in rally mode... If unsuccessful, we could see the SPX test 1370 while the NDX heads for the 3200 area... Jim